TSX:DPM

Stock Analysis Report

Dundee Precious Metals

Executive Summary

Dundee Precious Metals Inc., a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals.

Snowflake

Fundamentals

Excellent balance sheet with proven track record.

Risks

  • Dundee Precious Metals is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Dundee Precious Metals's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.6%

TSX:DPM

1.6%

CA Metals and Mining

1.6%

CA Market


1 Year Return

72.2%

TSX:DPM

21.6%

CA Metals and Mining

-0.3%

CA Market

DPM outperformed the Metals and Mining industry which returned 20.2% over the past year.

DPM outperformed the Market in Canada which returned -0.5% over the past year.


Share holder returns

DPMIndustryMarket
7 Day-4.6%1.6%1.6%
30 Day-7.4%1.7%4.1%
90 Day1.9%10.5%1.1%
1 Year72.2%72.2%22.6%21.6%3.3%-0.3%
3 Year40.3%40.3%-10.6%-12.3%19.3%8.6%
5 Year3.9%3.9%2.3%-1.5%21.6%4.1%

Price Volatility Vs. Market

How volatile is Dundee Precious Metals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Dundee Precious Metals undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Dundee Precious Metals's share price is below the future cash flow value, and at a moderate discount (> 20%).

Dundee Precious Metals's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Dundee Precious Metals is overvalued based on earnings compared to the CA Metals and Mining industry average.

Dundee Precious Metals is overvalued based on earnings compared to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Dundee Precious Metals, we can't assess if its growth is good value.


Price Based on Value of Assets

Dundee Precious Metals is good value based on assets compared to the CA Metals and Mining industry average.


Next Steps

Future Growth

How is Dundee Precious Metals expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

19.4%

Forecasted annual revenue growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Dundee Precious Metals's revenue is expected to grow by 19.4% yearly, however this is not considered high growth (20% yearly).

Dundee Precious Metals's earnings are expected to grow significantly at over 20% yearly.

Dundee Precious Metals's revenue growth is expected to exceed the Canada market average.

Dundee Precious Metals's earnings growth is expected to exceed the Canada market average.

Dundee Precious Metals's earnings growth is expected to exceed the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Dundee Precious Metals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Dundee Precious Metals performed over the past 5 years?

26.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Dundee Precious Metals has delivered over 20% year on year earnings growth in the past 5 years.

Dundee Precious Metals's 1-year earnings growth exceeds its 5-year average (58.5% vs 26.9%)

Dundee Precious Metals's earnings growth has exceeded the CA Metals and Mining industry average in the past year (58.5% vs -32.3%).


Return on Equity

Dundee Precious Metals has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Dundee Precious Metals used its assets less efficiently than the CA Metals and Mining industry average last year based on Return on Assets.


Return on Capital Employed

Dundee Precious Metals has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Dundee Precious Metals's financial position?


Financial Position Analysis

Dundee Precious Metals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Dundee Precious Metals's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Dundee Precious Metals's level of debt (3.5%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (16.1% vs 3.5% today).

Debt is well covered by operating cash flow (388.2%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 8.6x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 4.5x debt.


Next Steps

Dividend

What is Dundee Precious Metals's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Dundee Precious Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Dundee Precious Metals's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Dundee Precious Metals has not reported any payouts.

Unable to verify if Dundee Precious Metals's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Dundee Precious Metals has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Dundee Precious Metals's salary, the management and board of directors tenure and is there insider trading?

6.4yrs

Average management tenure


CEO

Rick Howes (61yo)

6.4yrs

Tenure

US$2,875,700

Compensation

Mr. Richard Allen Howes, also known as Rick, is President and Chief Executive Officer at Dundee Precious Metals Inc. Mr. Howes is a Director of Dundee Precious Metals Inc. since 2012. He is a Professional  ...


CEO Compensation Analysis

Rick's remuneration is higher than average for companies of similar size in Canada.

Rick's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

6.4yrs

Average Tenure

58yo

Average Age

The average tenure for the Dundee Precious Metals management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

7.7yrs

Average Tenure

67yo

Average Age

The tenure for the Dundee Precious Metals board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$1,365,33512 Sep 19
GMT Capital Corp.
EntityCompany
Shares261,800
Max PriceUS$5.22
SellUS$1,398,97006 Sep 19
GMT Capital Corp.
EntityCompany
Shares261,800
Max PriceUS$5.34
SellUS$798,52028 Aug 19
GMT Capital Corp.
EntityCompany
Shares141,800
Max PriceUS$5.63
SellUS$675,30527 Aug 19
GMT Capital Corp.
EntityCompany
Shares120,000
Max PriceUS$5.63
SellUS$220,88025 Jul 19
GMT Capital Corp.
EntityCompany
Shares47,500
Max PriceUS$4.65
SellUS$1,452,00109 Jul 19
GMT Capital Corp.
EntityCompany
Shares314,100
Max PriceUS$4.63
SellUS$1,253,09503 Jul 19
GMT Capital Corp.
EntityCompany
Shares261,700
Max PriceUS$4.79
SellUS$831,32527 Jun 19
GMT Capital Corp.
EntityCompany
Shares174,500
Max PriceUS$4.78
SellUS$688,91625 Jun 19
GMT Capital Corp.
EntityCompany
Shares139,600
Max PriceUS$4.93
BuyUS$48,77430 Jan 19
GMT Capital Corp.
EntityCompany
Shares12,500
Max PriceUS$3.90
BuyUS$347,88429 Jan 19
GMT Capital Corp.
EntityCompany
Shares91,400
Max PriceUS$3.81
BuyUS$1,486,74115 Jan 19
GMT Capital Corp.
EntityCompany
Shares419,500
Max PriceUS$3.54
BuyUS$1,117,87814 Jan 19
GMT Capital Corp.
EntityCompany
Shares314,600
Max PriceUS$3.55
SellUS$56,88020 Dec 18
Donald Young
EntityIndividual
Role
Member of the Board of Directors
Director
Shares15,800
Max PriceUS$3.60
BuyUS$1,049,85819 Dec 18
GMT Capital Corp.
EntityCompany
Shares299,800
Max PriceUS$3.50
BuyUS$49,30818 Dec 18
GMT Capital Corp.
EntityCompany
Shares15,100
Max PriceUS$3.27
SellUS$241,37403 Oct 18
GMT Capital Corp.
EntityCompany
Shares75,360
Max PriceUS$3.20

Ownership Breakdown


Management Team

  • Kelly Stark-Anderson

    Executive VP of Corporate Affairs

    • Tenure: 2yrs
  • Hume Kyle (58yo)

    Executive VP & CFO

    • Tenure: 8.3yrs
    • Compensation: US$1.24m
  • Richard Gosse (60yo)

    Vice President of Exploration

    • Tenure: 6.4yrs
    • Compensation: US$818.60k
  • David Rae (58yo)

    Executive VP & COO

    • Tenure: 6.8yrs
    • Compensation: US$1.32m
  • Rick Howes (61yo)

    President

    • Tenure: 6.4yrs
    • Compensation: US$2.88m
  • Michael Dorfman (41yo)

    Executive Vice President of Corporate Development

    • Tenure: 7.8yrs
    • Compensation: US$790.50k
  • Iliya Garkov

    VP & MD of Bulgaria

    • Tenure: 0.7yrs
  • Alex Wilson

    Vice President of Human Resources

    • Tenure: 1.3yrs
  • Janet Reid

    Manager of Investor Relations

    • Tenure: 0yrs
  • Matthieu Risgallah

    Vice President of Technology

    • Tenure: 0.3yrs

Board Members

  • Tony Walsh (67yo)

    Director

    • Tenure: 7.7yrs
    • Compensation: US$193.30k
  • R. Gillin (70yo)

    Lead Director

    • Tenure: 6.4yrs
    • Compensation: US$234.50k
  • Jonathan Goodman (57yo)

    Chairman of the Board

    • Tenure: 6.4yrs
    • Compensation: US$380.80k
  • Peter Nixon (73yo)

    Director

    • Tenure: 17.3yrs
    • Compensation: US$197.00k
  • Donald Young (73yo)

    Director

    • Tenure: 9.3yrs
    • Compensation: US$211.80k
  • Marie-Anne Tawil (59yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$193.00k
  • Jeremy Kinsman (77yo)

    Director

    • Tenure: 12.7yrs
    • Compensation: US$193.30k
  • Rick Howes (61yo)

    President

    • Tenure: 6.4yrs
    • Compensation: US$2.88m
  • Juanita Montalvo (53yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: US$195.50k

Company Information

Dundee Precious Metals Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dundee Precious Metals Inc.
  • Ticker: DPM
  • Exchange: TSX
  • Founded: 1983
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$854.978m
  • Shares outstanding: 179.24m
  • Website: https://www.dundeeprecious.com

Number of Employees


Location

  • Dundee Precious Metals Inc.
  • 1 Adelaide Street East
  • Suite 500
  • Toronto
  • Ontario
  • M5C 2V9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DPMTSX (The Toronto Stock Exchange)YesCommon SharesCACADNov 1983
DPUDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 1983
DPML.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 1983

Biography

Dundee Precious Metals Inc., a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. Its principal operating assets include the Chelopech, wh ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/17 23:58
End of Day Share Price2019/09/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.